1863 $20 AU58 NGC....

Description

1863 Double Eagle, AU58
Conditionally Rare Civil War Issue

1863 $20 AU58 NGC. Mintages of silver and gold coins at the Philadelphia Mint were minimal during much of the Civil War as the public hoarded coins of all types. Double eagle production in 1863 totaled 142,790 coins in 1863, and most of those have since been melted for their bullion content. Those that did escape the melting pot or other forms of attrition over the past 160 years are typically encountered in XF or lower AU grades. As recently as the 2004 publication of A Guide Book of Double Eagle Gold Coins, the number of Mint State survivors was estimated at only three to five coins. Since that time, several Mint State examples were discovered in the S.S. Republic treasure. Delicate rose toning appears in the protected areas on the mostly lustrous yellow-gold surfaces of this attractive double eagle. Scattered surface marks are consistent with the grade, with unusual marks on the obverse rim near 9 o'clock that will aid tracking the provenance of this piece. Census: 40 in 58, 23 finer (1/22).(Registry values: N1793)

Coin Index Numbers: (NGC ID# 269P, PCGS# 8939, Greysheet# 9800)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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